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I have a spreadsheet with date & time of entry in column B. Column D
has text data. I want to find the most recent entry (data is not
neccessarily entered in consective rows) and copy the data in Column D
for that row to another cell (E1 in this case).

I need a formula that would copy the data in D2 (the most recent row)
and put it into E1. As time goes on this spreadsheet will have several
hundred rows of data so I need to be able to automatically find the
most recent entry.